Question: Exercise 11-45 (Algo) Net Realizable Value Method to Solve for Unknowns (LO 11-7) GG Products, Inc., prepares tips and stems from a joint process using

Exercise 11-45 (Algo) Net Realizable Value Method to Solve for Unknowns (LO 11-7) GG Products, Inc., prepares tips and stems from a joint process using asparagus. It produced 300,000 units of tips having a soles value at the split off point of $92,000. It produced 300,000 units of stems having a sales value at split-off of $23,000. Using the net realizable value method, the portion of the total Joint product costs allocated to lips was $58,800. Required: Compute the total Joint product costs before allocation. (Do not round intermediate calculations.) Totalt

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